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The United States Federal Reserve has cut its key interest rate by 0.25% points ? the first cut this year. Federal Reserve Chair Jerome Powell said President Donald Trump's tariffs are beginning to push up some prices, but the "overall effects on economic activity and inflation remain to be seen"

U.S. Rep. Mike Haridopolos joins Good Day Orlando to talk about Congress' busy agenda, including topics such as the immigration crackdown and spending and interest rates.

As the economy shows signs of distress, nearly one in four Americans (24%) report having no emergency savings, according to a Bankrate report. Sarah Foster, a Bankrate economic analyst, joins Good Day Orlando to talk about how Americans can prepare for a potential downturn and save when elevated inflation keeps making it difficult.

President Donald Trump on Friday fired the head of the Bureau of Labor Statistics after a report showed hiring slowed in July and was much weaker in May and June than previously reported. FOX News Correspondent Connor Hansen talks more about the [potential United States economic fallout.

A massive tariff deadline is just one day away, and the White House is appearing to be fast-tracking some new trade deals. FOX News Correspondent Doug Luzader has all the latest political headlines.

President Donald Trump?s multibillion-dollar clawback package was passed early Thursday morning. The final vote tally was 51-48, with Republican Sens. Susan Collins of Maine and Lisa Murkowski of Alaska joining every Democrat in voting against it. The package will now be sent to the House, which has until Friday to pass it.

Lawmakers are currently facing a divide as they debate proposed spending cuts, most notably in areas such as education and foreign aid. The disagreements center around the extent and impact of the cuts, with some lawmakers arguing for austerity measures while others advocate for maintaining or even increasing funding levels in certain areas.

President Donald Trump held an event on Thursday at the White House to make the case for his massive tax and immigration package as the Senate eyes a vote in the coming days. Trump also says the United States has now signed a trade deal with China, adding that he expects to have a deal with India soon.

President Donald Trump's Press Secretary Karoline Leavitt hosted a press briefing on Thursday afternoon at the White House. During the briefing, Leavitt discussed topics including immigration, the economy, foreign affairs and the Israel-Iran conflict.